DEG 0.21% $1.18 de grey mining limited

Atlas documents lodged with the govt in the back half of 2011...

  1. 58 Posts.
    lightbulb Created with Sketch. 6

    Atlas documents lodged with the govt in the back half of 2011 indicate they want to start mining at Mt Dove from Q4 this year. Atlas also refer to 2.3Mt of high grade iron ore that should hopefully achieve the $2-3m royalties mentioned by De Grey. Those $ can help offset exploration costs through 2013. Atlas timelines are:

    "Obtain key government approvals - August 2012
    Commence Project construction activities - August 2012
    Commence mining and processing - Q4, 2012
    Mining ceases (based on current resource) - Q4, 2013"

    http://www.epa.wa.gov.au/EIA/referralofProp-schemes/Lists/Proposal/Attachments/121/Mt%20Dove%20DSO%20Main%20Report.pdf

    Looking forward to the Pachi drill as a promising tenement.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.18
Change
-0.003(0.21%)
Mkt cap ! $2.810B
Open High Low Value Volume
$1.19 $1.19 $1.17 $3.373M 2.871M

Buyers (Bids)

No. Vol. Price($)
51 140731 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.18 324441 42
View Market Depth
Last trade - 15.44pm 03/07/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.